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Block shares jump on better-than-expected first-quarter results

Block Inc logo is seen displayed in this illustration taken, April 10, 2023. Dado Ruvic | ReutersBlock reported first-quarter earnings after the bell that exceeded analysts' estimates. The stock rose about 10% in extended trading.Here's how the company did, compared to analysts' consensus from LSEG.Earnings per share: 85 cents adjusted vs. 72 cents adjusted that was expectedRevenue: $5.97 billion vs. $5.82 billion expectedBlock posted $2.09 billion in gross profit, up 22% from a year ago. Analys...

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